Revolut appears to be preparing a major move into the crypto derivatives space, according to a new job posting that outlines plans to build a platform from the ground up. A listing for a “General Manager (Crypto Derivatives)” role—open in London, Barcelona, and Dubai—describes full responsibility for launching a derivatives trading product, including platform architecture, regulatory strategy, and commercial development. The post states that the London-based fintech giant wants to create “one of the most trusted, scalable, and profitable derivatives offerings in the world,” leveraging its 50 million global users. A Revolut spokesperson confirmed that the firm is hiring to expand its crypto team but said it remains early in the process: “These job listings reflect our ongoing exploration and consideration of future opportunities, rather than a confirmation of imminent product launches.” Earlier this  month, Kraken launched regulated crypto derivatives trading in the European Economic Area (EEA), following the approval of its MiFID II license earlier this year. Kraken said its new offering includes perpetual and fixed-maturity futures contracts, now available to both retail and institutional users across Europe. The move follows Kraken’s acquisition of a Cypriot investment firm, which was approved by the Cyprus Securities and Exchange Commission (CySEC) in February. Revolut announced a €1 billion investment in France and plans to apply for a local banking license. But the company’s derivatives ambitions may face friction in its home market: UK regulators banned crypto derivatives for retail users in 2021, citing consumer protection concerns. “If Revolut targets the UK market, regulatory buy-in would be difficult unless the product is restricted to professional clients,” said Daniel Arroche of blockchain law firm D&A Partners. The job post also highlights knowledge of EU financial markets as a plus, suggesting Revolut may be looking to launch in continental Europe or Dubai, where licensing frameworks for retail crypto derivatives already exist. Revolut has been expanding its crypto presence aggressively. In May 2024, the company launched Revolut X, a desktop exchange aimed at experienced users, offering low-fee trading on 100 tokens. A mobile version is expected next year. In April, Revolut reported a record $1.4 billion in pre-tax profit for 2024, up 149% from the previous. The company’s strong performance was largely driven by explosive growth in its wealth division, which includes cryptocurrency trading, commodities, and savings products. Revolut’s wealth revenue soared 298% year-over-year to $647 million, supported by the launch of its standalone crypto exchange, Revolut X, in May and its expansion across 30 European markets. The company also secured a UK banking license in July after a prolonged three-year approval process. Overall revenue jumped 72% to $4 billion in 2024, compared to $2.2 billion in 2023. Other growth drivers included a 74% increase in subscription revenue to $541 million, a 58% rise in FX income to $540 million, card payment growth of 43% to $887 million, and a 58% increase in interest income to $1 billion. Revolut’s net profit rose 134% to $1 billion, up from $428 million, pushing its profit margin to 26% from 19% a year earlier.

Dubai, United Arab Emirates, June 3rd, 2025, FinanceWire Foraxi, a leading global Forex trading platform, has announced the launch of the world’s first Trading Fund Insurance Plan, marking a significant milestone in the financial trading industry. This innovative plan aims to provide traders with unprecedented protection, allowing them to engage in the Forex market with enhanced confidence and financial security. The Trading Fund Insurance Plan is designed to mitigate trading risks by offering a unique safety net. Under this plan, traders who open a TIF Account with a minimum deposit of $1,000 and complete 25 lots on XAUUSD will receive their initial deposit refunded if they incur a loss after completing the required trading volume. The refund is fully withdrawable, with no hidden conditions attached. “Foraxi’s Trading Fund Insurance Plan underscores our commitment to providing traders with a reliable and transparent platform,” said a Foraxi spokesperson. “We understand the challenges traders face in the global markets, and this plan is designed to empower them with a secure environment to trade confidently.” Key features of the Trading Fund Insurance Plan include: Flexible Profit Withdrawals — Traders can withdraw profits at any time, without restrictions. No Capital Lock-In — Users maintain full control over their funds, with real-time monitoring and transparency. Scalable Lot Requirements — Options include 25 lots for $1,000 or 250 lots for $10,000, offering flexibility for traders of all levels. No Hidden Terms or Conditions — The plan is fully transparent and trader-friendly. The launch of this plan represents Foraxi’s dedication to supporting both novice and experienced traders in navigating the complexities of the Forex market. The platform’s intuitive design and innovative features position it as a trusted partner for traders worldwide. For more information about the Trading Fund Insurance Plan and how to get started, users can visit www.foraxi.com. About Foraxi Foraxi is a global Forex trading platform committed to delivering a transparent, secure, and user-friendly experience. The company offers a range of innovative features, including instant deposits and withdrawals, competitive IB commissions, and advanced trading solutions to help traders succeed in today’s dynamic markets Contact GOURAV BHARDWAJ Foraxi markets Ltd info@foraxi.com Disclaimer: This content is provided by a sponsor. FinanceFeeds does not independently verify the legitimacy, credibility, claims, or financial viability of the information or description of services mentioned. As such, we bear no responsibility for any potential risks, inaccuracies, or misleading representations related to the content. This post does not constitute financial advice or a recommendation and should not be treated as such. We strongly advise seeking independent financial guidance from a qualified and regulated professional before engaging in any investment or financial activities. Please review our full disclaimer for more details.

26 Degrees Global Markets has integrated the QuantHouse Cboe One Feed into its market data infrastructure, expanding access to U.S. equity data for its global client base. The enhancement supports 26 Degrees’ strategy to deliver broader trading coverage, particularly for retail brokers offering out-of-hours trading in the Asia-Pacific region. The Cboe One Feed provides consolidated, real-time data from Cboe’s four U.S. equities exchanges, which represent over 21 percent of on-exchange equity trading in the United States. It includes data from early market hours, between 4am and 7am Eastern Time, during which Cboe accounts for more than 40 percent of trading volume. Unparalleled access to US markets for traders in Asia Rob Kirby, Head of EMEA & APAC Sales and Business Development at QuantHouse, commented, “The integration of the new Cboe One Feed by 26 Degrees enhances its US market data coverage considerably, supporting CFD retail flow and meeting growing investor appetite, particularly in Asia, to trade around the clock. We are delighted to continue to support 26 Degrees’ growth strategy with efficient, low-latency access to market data from around the world, through a single connection.” James Alexander, Group Chief Commercial Officer at 26 Degrees, added, “26 Degrees’ long-standing partnership with QuantHouse ensures our clients benefit from reliable, low-latency market data. By integrating new Cboe One Feed market data within our QuantHouse API interface, we can offer traders, particularly in Asia, unparalleled access to US markets, unlocking new growth opportunities.” The update builds on existing multi-asset market data services that 26 Degrees sources through QuantHouse across North America, Europe, and Asia Pacific. The firm continues to emphasize low-latency data delivery and seamless API connectivity as part of its technology offering to broker-dealers, hedge funds, and proprietary trading firms. Cboe’s Global Head of Data Vantage, Adam Inzirillo, said, “We are pleased that 26 Degrees and its clients now have access to the Cboe One Feed, which represents a comprehensive, reliable and high-quality source of US equities market data. Cboe is committed to meet the growing international demand for access to US markets, by delivering high-quality market data as efficiently as possible.” QuantHouse, a division of Iress, supplies API-based market data and connectivity solutions to trading venues, financial institutions, and technology providers. Its global data network includes support for Blue Ocean Technologies ATS, which enables trading in U.S. equities outside of New York’s regular hours, among other alternative venues. The partnership underlines ongoing demand from Asian and global investors for expanded U.S. equities access, particularly in time zones that fall outside New York market hours. For 26 Degrees, the move aligns with a broader effort to support retail brokers with deeper liquidity, improved execution data, and competitive market access.

As of June 3, 2025, Bitcoin (BTC) is trading at approximately $105,178, reflecting a modest 0.23% increase over the past 24 hours. Despite a 3.91% decline over the past week, BTC has posted a robust annual gain of nearly 55%, buoyed by continued institutional adoption and ETF-related momentum. Bitcoin reached a record high of $111,891 on May 22 before correcting downward. Since then, it has been consolidating between $103,000 and $106,500, indicating a period of market indecision. This range-bound action suggests that traders are waiting for a catalyst to drive the next major move. On the technical front, Bitcoin faces resistance between $106,000 and $106,500, while support is noted around $104,200 and $103,145—aligned with the 0.236 Fibonacci retracement level. The 20-day and 50-day EMAs are converging around the $105,000 zone, signaling potential price compression. Momentum indicators are offering mixed signals. The MACD has recently crossed bearishly on shorter timeframes, and the RSI hovers around a neutral 51.71, implying a lack of strong directional bias. Institutional sentiment remains positive. MicroStrategy, led by Michael Saylor, added 705 BTC between May 26 and May 30 at an average price of $106,495, increasing their holdings to over 580,000 BTC. Additionally, the ARK 21Shares Bitcoin ETF will undergo a 3-for-1 share split on June 16, aimed at improving accessibility for retail investors. Market analysts are split on the short-term outlook. A breakout above the $106,000 resistance could open the door to retesting the $113,000 level in the coming weeks. Conversely, failure to hold above $104,000 could lead to a bearish retracement toward $100,000, with some predicting a dip to $97,000 if downward pressure intensifies. While Bitcoin remains in a consolidation phase, institutional interest and structural ETF developments continue to provide a bullish backdrop. Market participants are advised to monitor key support and resistance levels closely as price action tightens.   As of June 3, 2025, Ethereum (ETH) is trading at approximately $2,606.93, reflecting a 4.8% gain over the past 24 hours and a 1.7% increase over the past week. Over the past month, ETH has surged more than 42%, bolstered by growing investor confidence and renewed interest from institutional players. ETH recently broke out of a descending channel pattern, propelling its price over 50% to a local high of $2,788. The cryptocurrency is now consolidating within a tight range between $2,450 and $2,750. Analysts suggest that a confirmed breakout above this range—particularly above the $2,750 resistance—could open the path to a psychological target of $3,000. Ethereum is trading near a confluence of support and resistance levels. The 50-day and 100-day exponential moving averages (EMAs) are converging around $2,550, potentially acting as a pivot zone. Support levels are located at $2,150 and $2,350, while key resistance lies at $2,750 and $3,000. Momentum indicators are mixed. The Relative Strength Index (RSI) remains in the neutral zone, suggesting there’s room for further upside. Meanwhile, the Moving Average Convergence Divergence (MACD) is tilting bullish, signaling a possible continuation of the upward trend. Institutional activity in Ethereum continues to heat up. ETH-based investment products saw $321 million in inflows last week, the highest since December 2024. U.S.-listed spot Ether ETFs have recorded four consecutive weeks of net inflows, totaling $653.9 million. Adding to the bullish sentiment, the supply of Ethereum on centralized exchanges has fallen to a seven-year low. This decline suggests increased self-custody and a broader shift toward long-term holding behavior among investors. With a growing bullish narrative supported by both technical signals and institutional participation, Ethereum may be poised for another leg upward. A decisive move above the $2,750 resistance could trigger a run toward $3,000. However, a failure to hold the $2,450 support could force a pullback to lower levels near $2,150. For now, Ethereum remains in a strong technical position, with investor sentiment improving and fundamentals aligning in its favor.

Prop firms delivered strong results during the volatility triggered by the ‘Liberation Day’ tariffs in early April, with only 7 percent reporting losses during the initial market fallout, according to the latest Acuiti Proprietary Trading Management Insight Report. Published in partnership with connectivity provider Avelacom, the report draws on feedback from the Acuiti Proprietary Trading Expert Network, a panel of senior executives from proprietary trading firms around the world. It shows that the sector played a stabilizing role during the turbulence, acting as a key liquidity source across asset classes during periods of market stress. “Proprietary trading firms provide liquidity in times of market stress” Ross Lancaster, Head of Research at Acuiti, commented, “Proprietary trading firms perform a vital role to the market during times of volatility providing liquidity in times of market stress. The volatility during early April put significant strain on the market but proprietary trading firms proved the value they add and performed well as a result.” The majority of firms cited investments in trading infrastructure, risk frameworks, and diversified strategies as central to their ability to remain profitable despite unprecedented volatility. The early April disruption, driven by surprise tariff announcements and geopolitical escalation, resulted in price shocks and liquidity dislocation across multiple markets. The report also found that 65 percent of proprietary trading firms plan to expand headcount this year, with priority roles including traders, software developers, network engineers, and risk professionals. This hiring appetite is being shaped by heightened volatility, advances in AI technology, and expectations for a dynamic 2025 trading environment. Aleksey Larichev, CEO of Avelacom, commented, “We are seeing a variety of requirements from proprietary firms. While most continue to invest in low-latency strategies and the need to be the fastest, others are exploring alternative approaches, like risk-focused. Our proprietary network is designed to handle all these needs, from ultra-low latency to multi-level redundancy across all asset markets, as well as risk-specific solutions like bypassing certain geographies due to geopolitical concerns.” Despite a sharp rise in demand for technical talent, the report noted a stabilization in salary increases across most roles, with several firms pointing to a moderation in wage inflation following the sharp hikes of 2022 and 2023. Other findings from the report included: Many firms have moved beyond intraday trading and market making, with a growing number offering execution services directly to buy-side institutions. Just 19 percent of firms believe that pre-hedging client order flow should be permitted, reflecting a cautious stance toward practices that could compromise execution quality. Respondents cited improved market maker schemes and revisions to capital requirements as the top measures that could enhance liquidity in European markets. Cost pressures are forcing some firms to reduce investment in ultra-low latency technology, prompting a pivot toward hybrid or lower-latency trading models. The 24/7 operation of cryptocurrency markets continues to challenge firms’ efforts to integrate digital assets into existing accounting and reporting frameworks aligned with traditional finance. The findings underscore the resilience and adaptive capacity of the proprietary trading sector. As volatility becomes more frequent and markets increasingly fragment across regions and asset classes, firms are reassessing the balance between speed, cost, and compliance in their business models. The report concludes that, while proprietary firms remain focused on speed and alpha generation, they are also evolving into broader service providers and technology innovators for both internal and external clients.

Robinhood Markets Inc. has completed its acquisition of Bitstamp, one of the world’s oldest and most trusted cryptocurrency exchanges, for $200 million in an all-cash transaction. Finalized on June 2, 2025, the move signals Robinhood’s aggressive push into the international crypto arena and marks its first major foray into the institutional crypto market. Founded in 2011, Bitstamp boasts over 50 active licenses and registrations across jurisdictions including the EU, UK, US, and Asia. With more than 500,000 funded retail users and roughly 5,000 institutional clients, Bitstamp brings a seasoned and global customer base under Robinhood’s umbrella. The Luxembourg-based exchange has earned a reputation for compliance, transparency, and reliability, making it a prime target for acquisition amid a consolidating industry. Strategic Expansion into Institutional Crypto Services The acquisition provides Robinhood with access to a suite of institutional-grade crypto services, including crypto-as-a-service, staking, and institutional lending. Bitstamp generated $95 million in revenue over the past year, and Robinhood expects the transaction to be EBITDA-neutral in the near term and accretive within 12 months. This aligns with Robinhood’s broader strategic objective to diversify revenue streams and reduce reliance on its core brokerage business. “The acquisition of Bitstamp is a major step in growing our crypto business,” said Johann Kerbrat, General Manager of Robinhood Crypto. “Bitstamp’s highly trusted and long-standing global exchange has shown resilience through market cycles, and we’re excited to bring its expertise into Robinhood.” Bitstamp’s operations will continue uninterrupted under the Robinhood umbrella, with its executive team and employees expected to stay on through the transition. Robinhood intends to maintain the Bitstamp brand, leveraging its strong institutional relationships and regulatory approvals to expand its international offerings. Robinhood anticipates about $65 million in integration-related expenses over the remainder of 2025. Despite the short-term costs, analysts view the deal as a strategic investment that strengthens Robinhood’s crypto infrastructure and customer reach. The acquisition comes at a time when competition in the exchange sector is intensifying, with both centralized and decentralized platforms vying for dominance. The company also recently agreed to acquire Canadian crypto platform WonderFi for approximately $179 million, further underlining its international ambitions. These moves come as part of a broader roadmap to establish Robinhood as a global crypto powerhouse, targeting both retail and institutional segments. The acquisition positions Robinhood as a more competitive player in the global crypto exchange market, particularly as it builds out offerings for institutional clients and expands its regulatory footprint across multiple regions. With the addition of Bitstamp, Robinhood is set to challenge more established players in the space, such as Coinbase and Binance, while reinforcing its commitment to regulatory compliance and operational transparency. As regulators continue to scrutinize the crypto space, Robinhood’s acquisition of a reputable and fully licensed exchange like Bitstamp may also serve as a strategic hedge, ensuring the company remains on firm regulatory footing as it expands its crypto services worldwide.

This year, the event marks an important achievement: providing reliability and advanced solutions for brokers, prop firms and traders for 15 years. WebView plugins are a new and exciting element this year, letting brokers and traders connect personalized web content (ranging from trading aids to news) seamlessly with cTrader. With this function, brokers can give clients a branded experience and also find new ways to distinguish themselves. Visitors are welcome to come to our booth (#60) to learn about our latest developments. Joining WebView plugins will be cTrader Invite—a tool for managing cTrader referrals, including automatic onboarding of independent brokers and exhaustive analytics—and the constantly enlarging cTrader Store, where brokers, IBs and developers can get paid for cBots, indicators and plugins, giving traders instant access to top resources. The upgrades show how much Spotware cares about innovation and connecting with traders and for this reason our booth is a must-visit place at the show. WebView plugins combine the ideas of personalisation and integration Learn about Spotware’s new milestone: WebView plugins give traders nearly limitless ways to work online. Brokers can add their own web content easily into cTrader using the API and it will work on desktop, browser and mobile platforms. Thanks to adding them to the cTrader Store, along with crafting exclusive WebView plugins, brokers can make them a valuable way to attract new interest and users. At the same time, individual traders are able to develop, share and earn money from their own plugins in the cTrader Store which fuels new ideas and helps the community. A web office can enhance the trading experience by using AI, dashboards and tailored newsfeeds which are all made simple using WebView plugins. They are developed for both matching the company identity and versatility which allows you to add or customize them according to your specific needs. Using WebView to improve the mobile app and analyze client data makes cTrader better known as the Open Trading Platform. Making a WebView plugin is simple; it just requires a web service to communicate with cTrader’s backend through the API. Anyone can use Ember just by using basic programming. After set up, the plugin is accessible on all cTrader apps since it is connected through the cloud. cTrader Store is moving forward quickly and important updates will be coming in 2025. Having us showcase WebView plugins up close for you is possible at our booth during the event. Catch the attention of more potential traders using new features cTrader Invite is very important for IBs and brokers who hope to expand their referral programs, because it helps monitor outcomes with exact details and gives IBs personal invitation links to distribute within cTrader. With the most recent update, cTrader Invite provides more support for brokers’ referral efforts. With this update, you will experience a major improvement from integrated referral programs, automated IB signup and streamlined accounting. Such improvements enable brokers to expand with the help of smarter, more efficient networking partners. An important aspect of any modern partnership strategy is cTrader Invite which allows you to achieve objectives from increasing connectivity to smooth onboarding. You can talk with us about this new technology which can boost your leads and marketing success. Start earning from putting your cBots, indicators and plugins in the cTrader Store cTrader Store acts as a platform connecting IBs, developers and millions of traders by offering a growing range of cBots, indicators and plugins. In this expanding area, people can share and sell their custom cBots, indicators and plugins to make money from what they have created. Thanks to the in-built licensing, secure transactions and easy integration with cTrader, using cTrader Store makes it easy for both the provider and the buyer to reach an agreement. It offers the most effective way to reach more clients, increase trading and make traders want to interact by using easy-to-use, top-performing utilities. Come visit our booth to see how cTrader Store can increase your profits by using new tools. UF Awards — Best Trading Platform 2025 award CTrader is now a finalist for the UF Awards Best Trading Platform in 2025. The UF Awards are given to top B2B businesses in online trading and fintech. The aim of these awards is to show traders and businesses the best businesses to work with and partner up with. We are recognized for our strong and lasting commitment to be clear, do well and offer top trading technology. Attend iFX Expo International 2025 to see Spotware. This is a great occasion to learn what Spotware has to offer and how it can fast-track your brokerage’s development in the years ahead. Stop by our booth: Booth #60. Make a scheduling a meeting part of your routine today. It is our pleasure to welcome you to Limassol and celebrate together the achievements in trading innovation! About cTrader Spotware designed cTrader, a multi-asset FX/CFD platform, to be suitable for traders, brokers and prop firms and giving them unique features and fast transactions. Thanks to robust charts, built-in social trading and complimentary cloud processing for algorithms, cTrader is ideal for traders. Along with its cloud-first model, the platform makes it easy to add over 100 third-party applications through APIs and plugins. Through cTrader Store, software developers earn money from their trading algorithms and reach a large number of traders and brokers get access to brokerage-specific services and simple onboarding.

Interactive Brokers Group has released its monthly performance report for May 2025, highlighting sustained growth in brokerage activity and investor balances. Daily Average Revenue Trades (DARTs) reached 3.384 million, up 43 percent from the same period last year, though down 11 percent from April. Client equity ended the month at $628.2 billion, 29 percent higher than a year ago and 7 percent higher than the prior month. Margin loan balances totaled $61.2 billion, an increase of 15 percent year-over-year. Client credit balances reached $134.7 billion, which includes $5.4 billion held in insured bank sweep deposits. Active client accounts up by 32% YoY in May 2025 The firm reported 3.79 million active client accounts at the end of May, up 32 percent compared to May 2024 and 2 percent higher than in April. The average number of annualized cleared DARTs per account stood at 196. Commissions per cleared order averaged $2.61, including all fees. Key trading data showed that: The average stock order size was 808 shares with an average commission of $1.94. For equity options, the average trade involved 6.3 contracts at a $3.61 commission. Futures trades averaged 3.1 contracts with commissions at $3.87, of which an estimated 58 percent went to exchange and regulatory fees. In terms of execution cost transparency, Interactive Brokers reported that IBKR PRO clients’ total trading expenses for U.S. Reg-NMS stocks averaged 2.1 basis points in May, benchmarked against the daily volume-weighted average price (VWAP). For the trailing twelve months, the average execution cost came in at 3.8 basis points. The firm also disclosed detailed execution data: In May, 21.65 million Reg-NMS stock orders were executed, involving 10.87 billion shares and a total trade money volume of $442.5 billion. Average trade size was approximately $20,437. The total estimated trading expense stood at $94 million, equivalent to 0.021 percent of total trade value. Of that, $44.5 million were commissions and fees, while $49.5 million were attributed to execution cost relative to VWAP. Interactive Brokers’ currency diversification strategy, based on its proprietary GLOBAL index—a weighted basket of 10 major currencies—showed a 0.04 percent increase for May and 1.76 percent year-to-date in U.S. dollar terms. IBKR Expanded Crypto Offering In April, IBKR expanded its cryptocurrency offering by adding Chainlink (LINK), Avalanche (AVAX), and Sui (SUI) to its trading platform, the company said on Monday. The new tokens joined a lineup that already includes Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Solana (SOL), Cardano (ADA), Ripple (XRP), and Dogecoin (DOGE). The latest additions are available to eligible clients through Zero Hash LLC, a regulated crypto infrastructure provider. Clients can trade cryptocurrencies alongside stocks, options, futures, currencies, bonds, and ETFs in a unified interface across more than 160 global markets. Crypto commissions range from 0.12% to 0.18% of trade value, with a minimum of $1.75 per order, and no added spreads or custody fees. Interactive Brokers, which posted $9.3 billion in revenue last year, is partnering with Paxos Trust Company and Zero Hash LLC to handle trading and custody. Zero Hash reported processing $20 billion in transactions across 200 countries as of mid-2024. Interactive Brokers allows clients to trade crypto 24/7, hold both USD and digital assets in their accounts, place non-marketable limit orders, and withdraw to external wallets.

BTCS Inc. (NASDAQ: BTCS), a U.S.-based blockchain infrastructure and digital asset company, announced on June 2, 2025, that it has acquired 1,000 Ether (ETH) valued at approximately $2.63 million. The transaction was executed through Crypto.com’s institutional-grade exchange platform, allowing BTCS to tap into deep liquidity and minimize slippage during the acquisition process. This strategic purchase brings BTCS’s total Ethereum holdings to roughly 13,500 ETH, representing a nearly 50% increase from the 9,063 ETH reported at the end of Q1 2025. The acquisition significantly strengthens the company’s digital asset reserves and highlights Ethereum’s central role in BTCS’s blockchain infrastructure roadmap. Ethereum Core to NodeOps and Builder+ Initiatives Charles Allen, CEO of BTCS, emphasized the importance of Ethereum to the company’s long-term vision. “Ethereum remains at the heart of our blockchain infrastructure strategy. This acquisition supports our NodeOps and Builder+ initiatives, which are focused on building scalable, revenue-generating infrastructure to support the growing decentralized economy,” Allen stated. BTCS’s NodeOps program focuses on operating validator nodes across Ethereum and other proof-of-stake blockchains. By increasing its ETH holdings, the company can continue to secure network participation and validator uptime, ensuring consistent staking rewards and greater control over its on-chain operations. The Builder+ program, on the other hand, is designed to capitalize on Ethereum’s MEV (Miner Extractable Value) landscape, leveraging infrastructure to generate additional yield from block production and ordering. The company utilized Crypto.com’s institutional trading tools for this acquisition. According to the announcement, Crypto.com provided a high-liquidity execution environment, enabling BTCS to optimize capital deployment and reduce slippage and execution costs. This collaboration with a well-regarded crypto exchange underscores BTCS’s commitment to efficient treasury management and operational rigor. Broader Strategic Outlook BTCS’s move to expand its Ethereum holdings aligns with a broader industry trend of increasing institutional involvement in digital assets. As regulatory clarity improves and infrastructure matures, companies like BTCS are positioning themselves at the forefront of decentralized finance (DeFi) and Web3 innovation. The timing of the purchase also suggests BTCS’s bullish outlook on Ethereum’s future. With ETH’s price showing signs of stabilization and the Ethereum ecosystem continuing to evolve through upgrades like Danksharding and Layer 2 expansion, BTCS appears confident that its ETH-centric strategy will deliver long-term shareholder value. As of the announcement, BTCS Inc.’s stock was trading at $2.71 USD. The company plans to continue expanding its digital asset portfolio as it explores new blockchain opportunities that align with its core competencies in staking, node operation, and protocol development. With its latest acquisition, BTCS has reinforced its position as a key player in blockchain infrastructure, betting big on Ethereum as a cornerstone of the decentralized future.

Classover Holdings Inc. (NASDAQ: KIDZ), a New York-based educational technology company, has unveiled a bold plan to raise up to $500 million through senior secured convertible notes. The capital will be used to build a treasury reserve primarily backed by Solana (SOL), making Classover one of the first publicly traded firms to pursue a non-Bitcoin cryptocurrency strategy at such scale. The financing agreement is established with Solana Growth Ventures LLC. According to the terms, up to 80% of the net proceeds will be allocated toward acquiring SOL tokens. This initiative adds to an existing $400 million equity purchase agreement, bringing Classover’s total potential SOL acquisition capacity to $900 million. Initial Steps and Market Reaction To kickstart the treasury strategy, Classover has already purchased 6,472 SOL tokens, valued at approximately $1.05 million. The company also confirmed that it is actively exploring discounted acquisitions of locked token blocks, signaling a long-term commitment to the asset. The convertible notes can be exchanged for Class B common stock at a 200% premium over the prior day’s closing price. Upon standard closing conditions being met, the company expects to receive an initial $11 million in funding. News of the initiative sent KIDZ shares soaring by nearly 40%, closing at $3.72 the day of the announcement. The market’s response reflects growing institutional interest in blockchain diversification and the validation of alternative Layer 1s like Solana in corporate finance. A Strategic Shift Toward Blockchain Integration Founded in 2020, Classover offers live online tutoring and learning programs for K-12 students around the world. With this latest move, it positions itself at the intersection of traditional education technology and emerging blockchain finance. CEO Stephanie Luo emphasized the significance of the deal, stating, “This agreement marks a strategic milestone in Classover’s long-term vision to align our treasury strategy with the digital economy. Solana offers speed, scalability, and innovation we believe are critical to the future of finance.” Chardan is acting as the exclusive financial advisor and sole placement agent for the transaction. With institutional interest in digital assets deepening and Solana seeing increased adoption among developers and financial platforms alike, Classover’s approach may set a precedent. It reflects a growing appetite for crypto-backed reserves and suggests a future where alternative Layer 1s play a key role in capital markets beyond Bitcoin and Ethereum. As digital asset adoption matures, Classover’s Solana-backed treasury could serve as a blueprint for other publicly listed companies seeking both diversification and early-mover advantage in blockchain finance.

Tether and Bitfinex, two of the most influential entities in the digital asset ecosystem, have jointly invested in Bitcoin-native investment firm Twenty One Capital through a high-profile SPAC merger valued at $3.6 billion. The firms transferred a combined 25,812 BTC, worth approximately $2.7 billion, to Twenty One Capital on June 2, 2025, as part of the funding round that supports the firm’s path to public markets. The breakdown of the transfer includes 14,000 BTC from Tether and 7,000 BTC from Bitfinex. These transfers followed an earlier contribution of 4,812 BTC made by Tether in May, which served as a pre-funding arrangement. The total allocation is being used to fund operations and Bitcoin acquisitions for Twenty One Capital, a firm positioning itself as a new kind of publicly traded vehicle for Bitcoin-focused investment. Bitcoin-Centric Strategy with Institutional Scale Twenty One Capital is modeled after MicroStrategy’s well-known strategy of converting treasury assets into Bitcoin. However, the firm intends to take this approach further, crafting a financial narrative and reporting structure centered entirely around Bitcoin performance metrics. Instead of traditional indicators like earnings per share (EPS) or price-to-earnings ratio (P/E), Twenty One Capital plans to introduce novel benchmarks such as “Bitcoin Per Share” (BPS) and “Bitcoin Return Rate” (BRR) to guide investor expectations. This move signals a continued shift toward Bitcoin-centric investment structures that align with the growing narrative of BTC as a treasury reserve asset. Twenty One Capital’s thesis rests on the idea that Bitcoin exposure, rather than fiat cash flow, will become a more significant metric of long-term corporate value, particularly in a future where traditional monetary systems face increasing scrutiny. Nasdaq Listing and SPAC Structure Enable Public Market Access To bring this strategy to public investors, Twenty One Capital is merging with Cantor Equity Partners, a special purpose acquisition company. Upon closing of the deal, the combined entity plans to list on Nasdaq under the ticker symbol “XXI.” The SPAC deal includes a $385 million convertible bond issuance as well as a $200 million private equity placement. The funds raised are earmarked for additional Bitcoin purchases, working capital, and general operational expenses. Ownership in the post-merger entity reflects substantial influence from digital asset incumbents. Tether will hold a majority stake, while SoftBank, through indirect BTC contributions, has acquired a 24% position. Bitfinex, closely affiliated with Tether, maintains a sizable equity share. Market Implications for Bitcoin and Crypto-Equity Hybrid Structures The investment and public market strategy signal a new wave of crypto-equity hybrids that aim to bridge decentralized assets with traditional financial infrastructure. Twenty One Capital’s listing could attract traditional investors seeking direct exposure to Bitcoin without holding the asset itself. As institutional interest in Bitcoin continues to rise, the model championed by Twenty One Capital may serve as a blueprint for future listings, combining digital asset holdings with transparent, public-market accountability. For Tether and Bitfinex, this deal marks a deepening commitment to long-term Bitcoin accumulation and ecosystem leadership, leveraging their capital to expand BTC’s footprint on Wall Street.

Exness, one of the world’s largest retail brokers, wrapped up a successful few days at Finance Magnates Africa Summit 2025 (FMAS:25), walking away with two key awards: Best Multi-Asset Broker – Africa and Most Reliable Broker – Africa. This recognition reflects Exness’ deep-rooted commitment to Africa, a region where transparency, execution quality, and local insight are key to every trader’s experience. FMAS:25 brought together industry professionals, partners, and thought leaders from across the continent and beyond. Paul Margarites, Exness Regional Commercial Director, joined the Leaders Roundtable alongside other industry executives to share Exness’ approach to product reliability, financial security, and local partnership. He spoke about the broker’s core strengths, instant withdrawals, tight and stable spreads, and advanced execution technology, emphasizing the role of secure infrastructure and trusted payment systems in maintaining trader confidence. A highlight of the event was Exness’ keynote session: “No BrAIner: How Smart Traders Actually Use AI”, delivered by Terence Hove, Exness Senior Financial Markets Strategist. The session explored how artificial intelligence is changing the way traders make decisions—from automation and sentiment analysis to data-driven risk management—and how this shift is helping traders operate more efficiently in increasingly complex markets. “Africa’s trading landscape is evolving fast, and we are proud to be part of this transformation. Being recognized as both the most reliable and best multi-asset broker in Africa reflects the trust our clients and partners place in us, and the responsibility we carry to keep raising the bar.” FMAS was also an opportunity for attendees to meet the people behind Exness, including the Partnership Relationship Managers (PRMs) who work directly with introducing brokers and affiliates across Sub-Saharan Africa. These professionals play a critical role in helping partners grow by offering strategic insights, operational support, and local market knowledge. Founded in 2008, Exness is a global multi-asset broker with the mission to reshape the online trading industry. Since its inception, the company’s goal has been to create the ultimate trading experience through large-scale investment in technology and infrastructure. Their fresh approach resonates with traders around the world, growing Exness into one of the most prominent retail brokers in the sector.

In the increasingly crowded digital marketplace, consumers face a barrage of advertisements across every platform they engage with. This constant bombardment has led to ad fatigue and declining effectiveness of traditional marketing approaches. According to Bruce Buchanan, co-founder and CEO of ecommerce technology firm Rokt, the solution isn’t more personalized ads – it’s fewer, more relevant ones. “A lot of the secret sauce we do is actually helping ecommerce companies power their own products and services,” explains Bruce Buchanan, whose company Rokt operates in 16 global markets with a $3.5 billion valuation. His insights stem from decades of studying consumer behavior, particularly during what he terms the “Transaction Moment”—that critical window when a customer completes an online purchase. Beyond Personalization: The Relevance Imperative While personalization has become a marketing buzzword, Bruce Buchanan sees its limitations in today’s digital landscape. Through his work at Rokt, Buchanan has observed that personalization alone—delivering the right offer to the right person at the right time—falls short in a world where audience data is increasingly limited. This distinction between personalization and relevance represents a paradigm shift in marketing strategy. Personalization typically relies on demographic data and past behavior, while relevance incorporates current context, intent, and the emotional state of consumers during specific moments. The Paradox of Choice: Why Less Is More The cornerstone of Bruce Buchanan’s perspective on advertising effectiveness is deeply rooted in behavioral economics—particularly the concept known as “The Paradox of Choice,” popularized by psychologist Barry Schwartz. Buchanan explains this concept in relation to consumer behavior: “Most businesses would naturally assume if they had a broader range of products or services, they would win in a category, but consumer behavior is such that the leading players typically often have to do the complete opposite.” When consumers face too many options, they often become overwhelmed and indecisive. Rather than making a purchase, they may abandon the transaction entirely. This phenomenon directly applies to advertising—bombarding consumers with numerous ad messages creates a similar paralysis. Bruce Buchanan puts this complex issue in perspective: “There are so many concepts that you bring together around consumer behavior that are so not obvious when people are thinking through what actually makes a difference.” This understanding has led him to advocate for presenting consumers with only a small number of handpicked choices that are specifically relevant to them. Capturing the Transaction Moment What makes Bruce Buchanan’s approach particularly effective is its focus on The Transaction Moment—the interval beginning with a customer’s first cart addition and continuing through checkout and order confirmation—represents a unique opportunity for marketers. Buchanan explains that each ecommerce transaction is a carefully orchestrated series of events. Throughout this sequence, the customer favorably views the brand and its products. The customer is also highly engaged in the buying process, and their mind is less likely to wander elsewhere. This heightened engagement creates the perfect environment for relevant offers. When a consumer has just made a purchase, they are more receptive to complementary products or services that enhance their original buying decision. However, this window of opportunity is squandered when filled with irrelevant or excessive advertising. The Emotional Connection: Where Science Meets Art Despite the data-driven nature of modern marketing, Bruce Buchanan emphasizes that successful advertising must balance analytics with emotional appeal. As he notes, “Look, I’ve always been where science meets art. I think it’s a really interesting intersection point, and there’s only so much you can actually understand through the numbers. You’ve actually got to step back and start to think about things in a slightly different way.” He continues, “The most powerful businesses typically have a combination of fantastic physical features and product—and then also a fantastic presentation of brand and emotional connection. And so ‘art meets science’ is really what you’re typically looking to achieve…I think where those things intersect, you get some really magical outcomes in terms of products and consumer behavior.” This perspective informs how Buchanan approaches advertising strategy. Rather than seeing marketing as purely a numbers game of impressions and click-through rates, he advocates for meaningful connections that resonate with consumers on a deeper level. Real-World Success: Quality Over Quantity To illustrate his philosophy, Bruce Buchanan points to success stories where businesses have thrived by offering fewer, better choices. He highlights Trader Joe’s as a prime example: “The most profitable grocery chain in the world is Trader Joe’s. It specializes in presenting one or two stock-keeping units in every particular category rather than actually presenting 50 SKUs. Early on, Trader Joe’s leaders realized that 50 SKUs actually result in less purchase behavior than one or two. And that’s because consumers get overwhelmed.” This principle translates directly to advertising. Companies that limit their messaging to a few highly relevant offers typically see stronger engagement than those blasting consumers with numerous options. When applied to digital advertising, this approach leads to higher conversion rates and greater customer satisfaction. Implementing a Relevance-First Strategy For marketers looking to apply Bruce Buchanan’s insights, several practical steps emerge: Leverage first-party data to understand true customer preferences Curate a limited number of highly relevant offers rather than a broad array of options Balance data analysis with emotional appeal Measure success through engagement and conversion rather than impressions alone Buchanan emphasizes that these activities can help build customer brand loyalty over time. Market-savvy companies should understand that customers are constantly engaged in brand evaluation activities. These consumers often monitor company news, follow business social media pages, and research potential products before deciding whether to buy them. The Future of Advertising According to Bruce Buchanan As digital platforms evolve and consumer expectations continue to rise, Bruce Buchanan envisions a fundamentally different advertising landscape. In his view, the most successful companies will be those that respect consumer attention as a precious resource rather than bombarding them with messaging. Buchanan says it’s time to replace a metrics-based marketing approach with an innovative new paradigm. “Look, I’ve always been where science meets art. I think it’s a really interesting intersection point, and there’s only so much you can actually understand through the numbers. You’ve actually got to step back and start to think about things in a slightly different way.” This vision represents a marked departure from current practices, where success is often measured by reach and frequency. Instead, Buchanan suggests that marketers should evaluate their effectiveness based on relevance, customer satisfaction, and long-term loyalty. The Relevance Revolution The digital advertising industry stands at a crossroads. Consumer fatigue with excessive advertising continues to grow, while privacy changes restrict the data available for targeting. In this challenging environment, Bruce Buchanan’s approach offers a promising path forward. By focusing on relevance over volume and timing offers to coincide with the Transaction Moment, as well as balancing data with emotional connection, marketers can create advertising that consumers actually welcome rather than avoid. This strategy not only respects consumer preferences but also delivers superior business results through increased engagement and conversion. As Bruce Buchanan continues to drive innovation through his leadership at Rokt, his insights provide a valuable blueprint for any marketer looking to thrive in today’s complex digital ecosystem. The future belongs not to those who can shout the loudest or most frequently, but to those who can speak most relevantly when consumers are most receptive.

Taurex has introduced a new Social Trading feature for its clients across Asia through a partnership with fintech provider Brokeree Solutions. The feature is integrated into the widely used MetaTrader 4 platform and is now available to retail clients across the region. The Social Trading functionality allows users to automatically copy trades from selected strategy providers, with performance metrics, drawdown data, and risk management settings accessible from within the platform. “We believe it will truly resonate with traders across the region” Dennis Yeh, Head of Asia at Taurex, commented, “In many parts of Asia, trading is more than just numbers on a screen, it’s about trust, community, and shared success. With the launch of Social Trading, we’re bringing those values to life by giving our clients a way to learn from each other, grow together, and trade with confidence. This partnership with Brokeree Solutions is an exciting step forward, and we believe it will truly resonate with traders across the region, whether you’re just starting out or already have years of experience. At Taurex, we’re committed to building tools that fit the way people actually trade and live in Asia.” Key features of the new service include real-time trade copying, support for multi-account access, and a broker-defined fee structure allowing performance-based and management fee models. The MT4 integration enables clients to access the tool without changing platforms or workflows. Brokeree Solutions provides the infrastructure for the service, including multi-server connectivity and real-time synchronization. The company supports secure hosting of the solution, ensuring that strategy execution and copying operate consistently across all user accounts. Traders can activate Social Trading by funding a Taurex account, selecting a provider from the available list, and configuring trade replication settings to match their individual objectives and risk preferences. The platform also allows experienced traders to become signal providers and earn from followers by applying customizable fee models. Taurex, a multi-regulated global broker, offers access to over 1,500 financial instruments including forex, indices, commodities, shares, and metals. The firm supports regional strategies with local promotions and multilingual customer service. Brokeree integrated PAMM with cTrader Brokeree Solutions recently integrated its PAMM investment platform with Spotware’s cTrader trading terminal. This is the third integration between the companies in 2025 and completes the rollout of Brokeree’s flagship products for cTrader-based brokers, following earlier support for Social Trading, Prop Pulse, and Liquidity Bridge. The PAMM system allows investors to allocate funds to money managers who trade on their behalf, with profits and losses distributed proportionally. The latest version of Brokeree’s PAMM solution now enables cTrader-based brokers to unify accounts across cTrader, MetaTrader 4, and MetaTrader 5 platforms. This feature removes cross-platform limitations and could help brokers scale investor access and improve capital efficiency. The integration also introduces separate interfaces for administrators, money managers, and investors. Each interface includes tailored tools, such as Stop-Loss levels for managers, withdrawal automation for administrators, and proportional trade closure features for investors, aimed at safeguarding capital across all parties. The PAMM Ratings Module further supports client acquisition efforts by enabling brokers to display real trading statistics from money managers. Brokers can customize public leaderboards with badges to distinguish risk profiles, use of automation, or performance metrics. These components can be embedded directly into broker websites as widgets. Brokeree said the integrated offering may also benefit hedge funds, which require portfolio management solutions that allow for transparency in fund administration and performance reporting. The company pointed to its track record in developing products for brokers operating across MetaTrader and DXtrade platforms. Spotware’s cTrader platform currently supports over 8 million traders and provides infrastructure for FX and CFD trading with native social trading, cloud-based algorithmic execution, and integration capabilities via its open API model. With Brokeree’s PAMM now part of the product stack, cTrader-based brokers can offer a more diversified and institutional-grade product suite to end users.

Circle Internet Financial, the issuer of the USDC stablecoin, has raised its initial public offering (IPO) target to $896 million, according to a new SEC filing. The company now plans to sell 32 million shares at a price of $27 to $28 each, boosting its expected valuation to $7.2 billion. The new terms reflect a sharp increase from Circle’s earlier plan to offer 24 million shares at $24 to $26, which comes growing demand for the offering as interest in stablecoins picks up alongside clearer crypto regulation in the U.S. The firm plans to list on the New York Stock Exchange under the ticker CRCL, but has not yet confirmed a date for the IPO. Circle’s IPO follows its abandoned 2022 SPAC deal, which would have valued the company at $9 billion. This time, the offering is drawing interest from major institutional players, including BlackRock, which is reportedly seeking a 10% stake in the listing. Cathie Wood’s Ark Invest is also lining up for the offering, with a $150 million allocation reportedly on the table. While Tether (USDT) remains the largest stablecoin by market cap, Circle has seen improved performance. In Q1 2025, returns on its U.S. Treasury holdings jumped 55.1% to $557.9 million, as USDC’s role in global payment rails and on-chain finance continues to expand. Circle’s move comes at a time when stablecoin adoption is accelerating. A recent report showed $94.2 billion in stablecoin transaction volume between January 2023 and February 2025. Standard Chartered forecasts a tenfold rise in stablecoin market cap by 2028, while B2B stablecoin use now accounts for the largest share of sector volume, according to Artemis. The offering also follows a string of crypto policy updates under the Trump administration. A bipartisan bill in Congress, the CLARITY Act, would divide oversight between the SEC and CFTC and set up registration for digital asset firms. Meanwhile, SEC Chair Paul Atkins has started outlining clearer rules, while the CFTC is expected to approve on-shore crypto perpetual futures soon. Circle declined to comment on the IPO due to quiet period restrictions. A spokesperson confirmed the firm is not in talks for any mergers or acquisitions, despite reported interest from Coinbase and Ripple in recent weeks.

Chime Financial is targeting a valuation of up to $11.2 billion in its long-awaited U.S. initial public offering, as the digital banking startup looks to raise as much as $832 million amid a rebound in the listings market. In a regulatory filing on Monday, the San Francisco-based fintech said it plans to offer 32 million shares, with pricing expected between $24 and $26 each. The deal includes 25.9 million shares from Chime and 6.1 million shares from existing holders, including backer Cathay Innovation. Chime, which last raised funding at a $25 billion valuation in 2021, is taking a more cautious approach in the IPO, offering a marked-down price to attract investor interest after two years of market turbulence. The company is set to trade on the Nasdaq under the ticker CHYM. Morgan Stanley, Goldman Sachs, and J.P. Morgan are acting as lead underwriters. Founded in 2012, Chime provides app-based banking services such as checking accounts, high-yield savings, and Chime-branded debit and credit cards. It earns revenue largely from interchange fees when customers use their cards. The IPO comes as the U.S. market shows fresh signs of life following a slow April marked by tariff-driven volatility. Recent listings, including eToro, have performed well, encouraging more companies to step forward. The IPO market for fintech has cooled dramatically since the post-COVID frenzy of 2021, when over 100 companies raised nearly $297 billion globally. That number dropped off a cliff — just 86 raised a combined $32.8 billion between 2022 and 2024, according to PitchBook data. Chime’s offering could open the door for other fintechs waiting on the sidelines. Swedish payments firm Klarna shelved its U.S. IPO plans earlier this year, citing unstable market conditions. At its peak, Klarna was valued at $45.6 billion — that figure later dropped to $6.7 billion in a 2022 funding round. Now, it’s expected to return with a valuation north of $15 billion, a source familiar with the plans told Reuters. If successful, Chime’s debut would be the largest U.S. fintech IPO since the post-pandemic slowdown, and one of the first major tests of investor appetite since ‘Liberation Day’ — the informal name for the day recent tariffs were lifted. Chime plans to use part of the proceeds to cover tax obligations related to employee stock units. The company counts DST Global, General Atlantic, and ICONIQ Capital among its top investors.

In the unsettling scenario of an Italian Bitcoin investor supposedly kidnapped and tortured in New York City, another suspect has been taken into custody. After willingly turning himself in to the police, 33-year-old crypto entrepreneur William Duplessie, co-founder of the Swiss-based Pagea Blockchain Fund, was arrested. The Case Unfolds Under the pretense of a business conference, the victim, 28-year-old Italian national Michael Valentino Teofrasto Carturan, was drawn to New York City on May 6, 2025. Prosecutors claim that Carturan was kept captive for more than two weeks in a beautiful SoHo townhouse and suffered terrible acts of brutality and intimidation at the hands of his kidnappers. Duplessie is accused of working with John Woeltz, a 37-year-old associate who was taken into custody in early May. Subjecting Carturan to torture and drugging him over the 17-day ordeal, the couple allegedly had him hand over the password to his Bitcoin wallet. Shocking Details of The Ordeal The victim’s account included horrific specifics. Carturan claimed he was jolted with electricity, sliced with a saw, injected against his will with chemicals, and in danger from violence directed against his family. Allegedly under pressure, he revealed access to his Bitcoin holdings—exactly what the attackers intended to take. When his captors left the townhouse to fetch his laptop, Carturan escaped on May 23, 2025. Seizing the opportunity, he left the flat and called the police, who later found narcotics, firearms, handcuffs, and frightening Polaroid images capturing the mistreatment within the townhouse. Arrest of Duplessie Duplessie was vacationing in the Hamptons before turning herself in to the police; she has a background in cryptocurrencies and apparently led a luxury lifestyle with houses in Malibu and Miami. Duplessie was cited as a high-flight risk by prosecutors, stressing his access to major resources and international connections. Duplessie was ordered to stay in detention and to turn in his passport after his attorney asked for a $1 million bail. The judge turned down the request. Duplessie’s next court visit is set for Friday, meanwhile. Implications For The Crypto Community The crypto community has been rocked by this instance, which draws attention to the growing hazards investors with large digital asset values run into. If attackers find private keys or passwords, cryptocurrency wallets can be more difficult to protect than standard bank accounts. This makes targeted crimes especially prone to crypto investors, especially those involving physical coercion. The alarming case also emphasizes the growing tendency of criminals to take advantage of the pseudonymous character of digital resources. With cryptocurrencies, attackers can demand ransom or forcefully transfer digital money without being discovered by conventional financial systems more easily. Law Enforcement Response Law enforcement authorities in New York and abroad are looking at other suspects or foreign connections to the matter. Woeltz’s aide, Beatrice Folchi, was also arrested but released while inquiries are still underway. Reportedly implicated are Swiss authorities, suggesting that this case might have more general consequences regarding cross-border crypto-related crimes. Authorities have advised crypto investors to keep alert, improve their personal safety, and follow the best standards in handling digital assets. The demand for strong security measures to guard investors against not just digital but also real-world physical hazards rises along with the growth in the crypto industry.

Fast-expanding crypto payments platform RedotPay has announced a major alliance with USDC issuer Circle. With little access to dependable financial services still, this strategic collaboration seeks to increase the usage of USDC for payments throughout Latin America, the Middle East, and Africa. Broadening USDC’s Influence Launched in 2018, USDC is a completely backed digital dollar linked one-for-one to the US currency. USDC has been employed in more than $16 trillion worth of blockchain transactions worldwide since its launch, therefore highlighting its importance as a vital link between digital assets and conventional finance. RedotPay will be able to include USDC into its current payment system, thanks to this alliance, therefore providing customers and stores with a more reliable and safe means of transaction. RedotPay aims to boost acceptance in places where traditional banking is either unreliable or inaccessible by concentrating on teaching consumers in these developing markets about the advantages of stablecoins. RedotPay wants to create confidence among its expanding clientele and offer a substitute for volatile cryptocurrencies by including USDC in its network. The company sees this integration as essential for increasing financial inclusion and daily crypto use. Global Ambiance of RedotPay RedotPay, which was founded in April 2023, has become somewhat prominent in the crypto payments market very quickly. The website lets customers pay with cryptocurrency and withdraw cash directly, therefore facilitating flawless digital transactions. Currently processing over a million transactions every month, RedotPay’s system makes payments at more than 44 million merchant sites spread across 158 countries. Emphasizing the importance of this partnership, Michael Gao, co-founder and CEO of RedotPay, said, “Working with Circle to drive the adoption of cryptocurrencies for everyday spending matches perfectly with our objective. Mainstreaming crypto payments is mostly dependent on USDC.  Hence, our cooperation will help our consumers to maximize the advantages of adopting stablecoins, including reduced transaction costs and more convenience. Combining Digital and Traditional Money “Together, RedotPay and USDC are bridging the gap between digital assets and the traditional financial system,” said Circle’s Vice President for Asia Pacific, Yam Ki Chan, stressing the wider ramifications of the alliance. Our working together seeks to provide a safe, contemporary payment experience that enables people and companies to engage in the developing digital economy. RedotPay aims to solve one of the main obstacles in the road of crypto adoption—volatility by including USDC in its payment ecosystem, thereby making digital currency transactions more accessible and predictable. In areas that have long battled financial instability, stablecoins such as USDC appeal to both retailers and customers because of their continuous store of value. The Partnership Enhances Adoption Partnerships like RedotPay and Circle are crucial in growing adoption and encouraging more general economic participation as the terrain of digital assets develops. RedotPay’s expansion of USDC’s reach in emerging nations has especially great potential to promote financial inclusion and economic growth in areas historically excluded from conventional financial systems. The cooperation emphasizes the transforming power of blockchain technology when coupled with reliable, verified digital assets such as USDC. RedotPay and Circle are positioned to open new possibilities for companies and consumers going forward, therefore enabling a more inclusive and effective global financial ecosystem.

Significantly, in terms of regulation, the Monetary Authority of Singapore (MAS) has instructed all locally regulated bitcoin companies to stop their foreign activities by June 30. This directive emphasizes Singapore’s intention to increase its control over the fast-developing digital asset industry so that actions carried out by its agencies follow national regulatory guidelines. Strengthening Regulatory Oversight The MAS’s ruling stems from its more general approach to reducing the risks related to cross-border cryptocurrency operations. The authority seeks to combat regulatory arbitrage, in which businesses use more lax foreign norms to evade strict domestic rules, by persuading local businesses to leave global markets.  This action guarantees that every activity of crypto companies with headquarters in Singapore stays under MAS control, therefore enabling more efficient monitoring and enforcement. This evolution tracks a sequence of MAS-introduced regulation improvements meant to increase customer safety and preserve financial stability. The authority has especially ordered that suppliers of digital payment tokens (DPT) separate client assets from their own and retain them in trust. This clause is meant to protect client money should a service provider go bankrupt.  Implications For Local Crypto Firms For crypto companies domiciled in Singapore that have large global operations, the order presents major operational difficulties. Business models will have to be reviewed by companies, maybe reorganizing or reducing their overseas projects, to follow the new rule.  Although this could cause temporary interruptions, it also gives companies a chance to streamline their activities and concentrate on increasing their domestic visibility. Industry players have voiced worries about the possible effects on Singapore’s status as a worldwide crypto hub. The MAS insists, meanwhile, that these steps are necessary to preserve the integrity of the financial system and guard consumers against the inherent dangers of digital asset trading. Balancing Innovation and Risk Long known for its proactive attitude towards financial innovation, especially in the fintech and blockchain domains. Singapore is the legislative system of the city-state that has drawn several cryptocurrency companies looking for a suitable setting for expansion. But the MAS’s latest moves point to a more wary attitude that gives risk management priority over fast development. The authority’s focus on consumer protection is clear in its prohibitions on some high-risk pursuits. DPT service providers, for example, are now forbidden from allowing retail clients’ tokens to be lent or staked, activities judged inappropriate for the general public because of their speculative character.  Singapore Prepares For Fresh Initiatives Singapore’s crypto companies are sprinting to match their activities with the new legal rules as the June 30 deadline gets near. Although the immediate future could provide challenges, the MAS’s strong posture is projected to create a more robust digital asset market over time. Singapore wants to set a pattern for other countries struggling with the complexity of the crypto market by strengthening its regulatory framework and balancing the development of innovation with financial stability.

Based on the most recent data from digital asset manager CoinShares, cryptocurrency investment funds are once more drawing a lot of interest, with $286 million in inflows over the previous week. As markets show indications of stabilizing, the inflows mark the fifth straight week of positive investment momentum, implying increasing investor confidence in the digital asset industry. Ethereum Dominates Inflows Leading in these inflows, Ethereum (ETH) accounted for around 54% of the total, or about $155 million. The recent introduction of spot Ether exchange-traded funds (ETFs) in the United States is mostly responsible for this great curiosity in Ethereum products. These fresh investment vehicles have shown to be a draw for institutional money, indicating a great need for controlled Ethereum exposure. With so far accrued $862 million in inflows this year alone, Ethereum boasts the highest value among all the currencies. Analysts think this comeback exposes a clear change in investor mood as Ethereum takes the front stage following some relative silence. The launch of U.S.-based spot Ether ETFs has supported this trend by providing institutions with fresh means of access to the second-largest cryptocurrency by market capitalization. Since their launch, the recently introduced Ether ETFs had their first week of inflows totaling roughly $105 million last week. This indicates, according to market watchers, increasing faith in Ethereum’s place in the larger crypto ecosystem, particularly as institutional investors find additional means of engaging in the digital asset field and regulatory clarity improves. Bitcoin Sees Steady Growth Although Ethereum was the main player, Bitcoin (BTC) funds also drew a lot of interest from investors and attracted $284 million in inflows. Although the price of Bitcoin has been erratic, this increase in interest coincides with this period of volatility; still, the data points to institutional investors being positive about the long-term future of the biggest cryptocurrency in the world. Especially products that bet against Bitcoin, sometimes referred to as short Bitcoin products, attracted barely $0.1 million in sales. This shows a declining negative attitude and growing hope for the future performance of Bitcoin. Altcoins and Multi-Asset Products Gain Traction Other well-known cryptocurrencies also had meager flows, which emphasizes the varied strategies many investors are using. Looking outside the two crypto behemoths for other prospects, XRP and Solana (SOL) received $21 million and $11 million, respectively. Multi-asset investment products also attracted $14.4 million in last week’s inflows. Investors who want diversified access to the crypto market still find these products appealing since they invest in a basket of several digital assets. Their consistent expansion implies that the general demand for digital asset exposure transcends Bitcoin and Ethereum alone. Growing Institutional Participation The CoinShares paper highlights a more general trend of growing institutional involvement in crypto markets. The inflows into digital asset funds are seen as unambiguous evidence that conventional financial players are starting to warm up to cryptocurrencies and include them in more orderly-arranged portfolios. Attracting fresh money has mostly depended on the introduction of spot-based ETFs, particularly those targeted at Ethereum. These changes coincide with the general maturing of the crypto market, driven by better infrastructure and increasing regulatory certainty. Given the overall assets under management across digital asset funds now of around \$99.1 billion, market analysts predict that ongoing institutional adoption will increase. The strong performance of Ethereum, together with a consistent interest in Bitcoin and other altcoins, suggests a bright future for the digital asset market as it settles into the worldwide financial scene.